no bid
Definition
Reply to an invitation to bid (ITB) stating that the respondent does not wish to submit a bid. Its purpose is to avoid debarment from the approved bidders list for failure to respond.
no bid is in the Agreements & Contracts and Purchasing & Procurement subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/no-bid.html
email to a friend
print this definition
cite this definition
link to this page







